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Alessio Rastani Makes Prime Time TV Circuit

Tyler Durden's picture


The "BBC TV" trader, whose clip Zero Hedge first presented to the broader world and has since become an internet sensation with well over 1 million views, has just made the prime time TV circuit with a first stop on CNN. Here is some more of his story.

Jim Boulden has more:

Firstly, Rastani is an amateur trader using his own money (as a "hobby", he has told other media) and he's not registered with the Financial Services Authority to trade other people's money. He doesn't claim otherwise, but there was a feeling after his first interview that he was some sort of suit from the City or Wall Street giving sage advice to his clients.


He does or can have other clients though. His website calls him a speaker and trainer of others who want to trade.


In my interview, Rastani said he does trade being prepared for a recession, but that as a "human being you don't want it. As a trader you think differently. You're going to have volatile... conditions to make money in that market."


He also said he was a religious man. He was also clearly nervous about the whole affair and was undecided for an hour to whether he should actually sit on our set for the interview. He said no a few times, before we sat down.


"The question is, why are they paying attention to this?" he asked. "In my opinion somebody out there doesn't want my voice to be heard and they want to attack me and damage me."


He talked of the 'Big Boys' being desperate to keep people like him from talking about the coming economic storm.


He admits there may be a book in the works, but one that focuses on traders whom he admires.


When I asked him if he was for real, he said he would not say things about the markets he did not truly believe. When I asked him if he is a member of the so-called "Yes-Men" who have faked TV interviews in the past, he would not say yes or no. "Let people believe what they want to," he said.


To my mind, he should have been touted up front as a guy who has strong opinions on the markets, but certainly not as a 'trader' or "investment adviser" in the classic sense. That does not make his view any more or less valid but, with that preamble, I don't think it would have gone viral.

Full clip:


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Wed, 09/28/2011 - 17:37 | 1719874 Ecoman11
Ecoman11's picture

CNN desperately needs viewers.

Wed, 09/28/2011 - 17:51 | 1719924 Silver Bug
Silver Bug's picture

CNN is pathetic now they attempt to discredit his view point. They say he only made those statements to sell his book?! What about the thousands of other people that agree with this guy and have nothing to gain. Complete utter nonsense.

Wed, 09/28/2011 - 18:00 | 1719958 Alea Iactaest
Alea Iactaest's picture

Kind of tough to discredit his view point when he was followed up by Attila Szalay-Berzeviczy of Unicredit. I haven't noticed anyone trying to discredit his comments. Or Richard Fischer. Or... you get the idea.

Wed, 09/28/2011 - 18:09 | 1719991 spiral_eyes
spiral_eyes's picture

He's right about a lot, but I became a bit bemused when he claimed that the dollar and the UST are "safer assets".

Anyone who believes that is smoking some good hopium. 

Wed, 09/28/2011 - 18:17 | 1720017 Arius
Arius's picture

in other words, he is saying he NEVER lies .... well, i'll take everything he says w/ a bit of salt so to speak ...

Thu, 09/29/2011 - 02:27 | 1720995 chalcedonite
chalcedonite's picture

That is not what he is saying.  He is saying that he fears God so he has a restraint on greedy intentions.

Wed, 09/28/2011 - 18:20 | 1720025 Exposer of Inte...
Exposer of Internet Shills's picture

If you listen carefully in the original clip he said THEY (meaning the main-stream traders) are the ones going to treasurys and dollars. As they are construed to be "safe"   According to his website he believes silver and gold are the TRUE safe assets

Wed, 09/28/2011 - 18:37 | 1720045 Pinto Currency
Pinto Currency's picture


If it is on CNN or BBC/GBC (Government Broadcast Corp) you can be pretty much assured that it is disinformation.


Remember the upshot of his original interview was that there is a crash coming and that people were getting into USD & BONDS!


We are going to have currency mayhem and people should be in BONDS!  You can never have too much paper.


The equity markets will take off when the currency crisis hits and gold and silver will shoot over the horizon.


Wed, 09/28/2011 - 18:37 | 1720083 chumbawamba
chumbawamba's picture

We have a winner.


Wed, 09/28/2011 - 18:43 | 1720110 Pinto Currency
Pinto Currency's picture



"This is part of the trouble in our declining civilization: men and women in these times wish to live in illusions, and the politicians, the bankers and their economist lapdogs have been providing those illusions for many decades now. Those illusions were enabled by the “Welfare State”: Comfort and security from cradle to grave, with no requirement of hard work to merit them. On the other hand, it would also be reasonable to say that men and women today live in illusions, because they were forced to do so by the fiat money they had to use. Once fiat money is in place, all becomes illusion and gambling and people give up trying to make sense of life. Pretty soon they take illusions to be realities."


Hugo Salinas Price



Wed, 09/28/2011 - 21:16 | 1720518 Pinto Currency
Pinto Currency's picture


Image search for Andy Bichlbaum of the Yes Men.

Wed, 09/28/2011 - 22:05 | 1720586 ping
ping's picture

Not him. Not 1%. Jayzus.

Wed, 09/28/2011 - 23:06 | 1720701 Pinto Currency
Pinto Currency's picture


Whoever the pajama daytrader was on BBC yesterday, BBC placing him on a world forum suggesting investors get into USD and bonds during an impending currency crisis, when all these currencies will be in play, was not, shall we say, felicitous.  The royal we is for the BBC.


At least 1.5% :

Wed, 09/28/2011 - 22:38 | 1720648 Federal Reserf
Federal Reserf's picture

..until the illusion evaporates and reality bitch slaps them.

Thu, 09/29/2011 - 00:46 | 1720890 The Shootist
The Shootist's picture

@ PintoCurrency -Wow, that's one of the greatest quotes I've heard about fiat money, and it sums up why I hate it so much. It wreaks havoc upon the world.

Thu, 09/29/2011 - 02:03 | 1720979 GFKjunior
GFKjunior's picture

He is right on. Mexico already has the largest silver mines in the world might as well put them to good use. Just imagine how a silver peso would destroy all the fiat currencies out there.

Wed, 09/28/2011 - 19:24 | 1720207 Libertarians fo...
Libertarians for Prosperity's picture



If it is on CNN or BBC/GBC (Government Broadcast Corp) you can be pretty much assured that it is disinformation.

Remember the upshot of his original interview was that there is a crash coming and that people were getting into USD & BONDS! 

You guys are paranoid freaks.  Just because some unknown guy who trades from home in his pajamas says the market is going to crash and investors will favor to the USD - as they always do in times of stress - doesn't mean it's some government-led conspiracy.  Nor is it newsworthy. 

Investors have been steadily piling into government bonds since the 1970's.  You think that's some sort of conspiracy, too? 

<napoleon dynamite voice>  Idiots! God!


Wed, 09/28/2011 - 20:05 | 1720309 Piranhanoia
Piranhanoia's picture

If you want to believe your tv, that is okay. But don't expect anyone else does.

Wed, 09/28/2011 - 20:37 | 1720401 Pinto Currency
Pinto Currency's picture


Why is Gubmint Broadcasting promoting the economic views of some guy who trades in his pajamas?  And don't say for the same reason some guy who belongs at home in his pajamas is President of the US.

Wed, 09/28/2011 - 20:52 | 1720436 UGrev
Wed, 09/28/2011 - 21:02 | 1720471 Pinto Currency
Pinto Currency's picture



Attila the Hun did not suggest that everyone pile into cash and bonds with an impending currency crisis. 

In fact if you look at the Merval Index in Argentina in 2001 - 2002, it did not increase by enough to fully protect against the currency devaluation however it gave some protection - a heck of a lot more than currency or bonds.

Gold, silver, oil, food, farmland, food production, rail, alternative energy - enjoy the ride.

Wed, 09/28/2011 - 21:10 | 1720500 UGrev
UGrev's picture

My post wasn't a reply to you.. ;)

+100 to your post.

Wed, 09/28/2011 - 22:22 | 1720603 James T. Kirk
James T. Kirk's picture

Troll, Troll, Troll the blog
Gently down the stream
Merrily, merrily telling great lies
Clothed in former dreams

Thu, 09/29/2011 - 01:52 | 1720967 Vlad Tepid
Vlad Tepid's picture

Jim, life is NOT a dream.

Thu, 09/29/2011 - 06:55 | 1721265 James T. Kirk
James T. Kirk's picture

Read it again. It reads "telling great lies clothed in past dreams. " Damn it, Vlad, I'm a Star Ship Captain, not a poet.

Thu, 09/29/2011 - 07:06 | 1721266 James T. Kirk
James T. Kirk's picture

I was addressing the yellow Nazi smiley face troll, and his foolish Troll 101statements above.

Wed, 09/28/2011 - 19:58 | 1720279 NaN
NaN's picture

Summary:  Stock markets usually fall in a financial crisis, but in 2001-2002 the Argentine stock market went up.  Examining the details showed that stocks of U.S. companies that traded on the Argentine exchange went up because it was a route around capital controls that blocked flight to safety.  

What companies trading on US exchanges have the most isolation away from US$?  If the Euro beats the US$ in the race to the bottom, Swiss Francs would surely detach from the sinking stone and Swiss companies might preserve value better than the money market. 


Wed, 09/28/2011 - 21:04 | 1720448 Pinto Currency
Pinto Currency's picture



During a currency crisis it is better to hold the stock of a company than the stock of a central bank (currency).


Scroll down to see Ben.


Wed, 09/28/2011 - 19:30 | 1720217 Enkidu78
Enkidu78's picture

+1 The exact point I wanted to make

Thu, 09/29/2011 - 02:21 | 1720991 combatsnoopy
combatsnoopy's picture

He's of Italian/Persian origin.  

Maybe he was the target of Russian assasins and he's afraid of being Vince Fostered out.  Maybe he took a hit of really bunk lsd that morning. 

Who knows anymore?  

I just want Goldman Sachs and the rest of Wall Street's banks to get off the taxpayers' tits.  

Wed, 09/28/2011 - 20:27 | 1720374 Winston Smith 2009
Winston Smith 2009's picture

"He's right about a lot, but I became a bit bemused when he claimed that the dollar and the UST are 'safer assets'"

He was referring in that case to what people who don't want to buy or hedge risk assets could do to preserve their assets.  The dollar, at least for now, is the least worse of the fiat currencies.  As Denninger says, the rest of the fiat currencies have AIDS, but the dollar only has the clap.

Wed, 09/28/2011 - 23:38 | 1720489 Pinto Currency
Pinto Currency's picture




The problem is that the USD will go a few weeks after the Euro goes.

I am not brave enough to dance from one failing currency to the next as each one caves.

Buckle up time.

Thu, 09/29/2011 - 02:14 | 1720985 combatsnoopy
combatsnoopy's picture

He's onto something... I think the news might have censored anything he said out.

"#18 Israel has dumped 46 percent of its U.S. Treasuries and Russia has dumped 95 percent of its U.S. Treasuries.  Do they know something that we don't?"

Turkey bought drones from the U.S.  They're upset about Israeli floatillas.  The Turks, Israel and Russia seem to be in competition for Cyprus oil.  Iran and Germany are just backdrops at this point.

Has anyone noticed that the Greenback went up as a result of no action from the Federal Reserve?  


Sooo, what else is new?  

"What You Need To Know About Russia's "Berlin Group" And Their Global Assassination Hit List

The victims were all members of Istanbul's Chechen community. One of the men killed was Berg-Haj Musayev, and the other men were believed to be his bodyguards, reports The Telegraph. Musayev was allegedly close to Russia's most wanted man Doku Umarov, thought to be responsible for a suicide bomb attack at a Moscow airport in January.

Turkish secret forces later raided the hotel room of the man they suspected of being involved, acting on a tip. The assassin was thought to be Alexander Zharkov, a 55-year-old Russian national traveling on a diplomatic passport" 

Istanbul is in Turkey.  Why are Russians after the Turks? 

And here's a short recap on French pulling Americans with puppet strings on the Palistine issue, featuring Morgan Stanley...

‎"Morgan Stanley had $39 billion in total exposure against French banks at the end of 2010, up $30 billion from the year prior, and enough to wipe out its entire market cap and then some should French banks be pulled under."


"Morgan Stanley's Exposure To French Banks Is 60% Greater Than Its Market Cap... And More Than Half Its Book Value"


US, France and Palestine...

"President Obama poured a bucket of ice water on the Palestinian bid to have the Security Council recognize Palestine as a state. "Peace will not come through statements and resolutions at the U.N.," he told the General Assembly, as Palestinian leader Mahmoud Abbas held his head in his hands.

Speaking an hour later, French President Nicolas Sarkozy respectfully, and pointedly disagreed. He called for the Palestinians to become "an observer state," similar to the status the Vatican holds at the U.N. Sarkozy also called for a fixed timetable of negotiations to reach a final peace agreement with Israel in one year."


Would France's influence have ANYTHING to do with Morgan Stanley's exposure to French Banks?  

*Hey ISRAEL! Wanna keep Palestine from being a state?

Since Israel is doing so well, this is EXACTLY where you want to intervene.* (this is why I call Israel's political state of affairs in the Middle East a "false dichotomy"- you want friends, be a friend and help?    


Israel has money.  Their economy is doing just dandy.  They couldn't do anything to help Morgan Stanley out with those strings?  Especially since the US is in a wicked recession and we've been giving them $2.5 billion a year in aid?  


It seems like Israel doesn't even want to help themselves out of the Palestine issue.   I've often wondered why Israel never helped Americans lobby for domestic drilling, since it's known that Saudis fund Al Qaeda.  I also wondered why Jewish Americans don't sign up for the military and get advanced degrees when our neocons are blaming student loans for the subprime scandal.  


It also helps to know that when Greece defaults, Cyprus will be cheep cheep cheep!


I'm intrigued by Alessio Rastani's comments on BBC.  I wish I could read the man's mind.     


Thu, 09/29/2011 - 02:31 | 1720999 combatsnoopy
combatsnoopy's picture

okay. PAY CLOSE ATTENTION.  (Candlestick charts are not going to predict this for you.)  

Turkey bought drones from the US.  I think that ticked off both Israel and Russia.  Israel and Russia dumped U.S. Treasuries.  

That's a very feasable reason why the value of the USD went up. 

In order for the dollar to go down again, the Federal Reserve would have to buy up these Treasuries which means Quantitative Easing the trilogy. 

That's all.  Now you can go back to your crystal ball and palm reader for better tips.  

Wed, 09/28/2011 - 20:50 | 1720431 Gully Foyle
Gully Foyle's picture


That is one of the points that Automatic Earth makes, the dollar is safer because as the EU collapses the flight will be away from the Euro to the dollar.

Wed, 09/28/2011 - 21:14 | 1720512 spiral_eyes
spiral_eyes's picture

the final flight in this game of globalisation and competitive currency debasement will be the flight out of fiat into hard assets. everything else is a prelude.

Wed, 09/28/2011 - 21:40 | 1720557 brew
brew's picture

here he is back on 9/16/11 apparently...

Wed, 09/28/2011 - 20:39 | 1720373 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

In an attempt to avoid distracting or overwhelming the Attackwatch team (which is no doubt a tall order)  I would like to present the prevailing sentiment...FUCK THE FED, FUCK THE BANKS, FUCK THE ECB and please...pretty please...Greece, call it a day and just fold.  The game is over.

I almost forgot, FUCK YOU BERNANKE!

Wed, 09/28/2011 - 18:15 | 1720010 ZeroPower
ZeroPower's picture

lol @ your silver

Wed, 09/28/2011 - 18:31 | 1720061 DaveyJones
DaveyJones's picture

notice they don't "discredit" it with any facts

Wed, 09/28/2011 - 18:39 | 1720080 TruthInSunshine
TruthInSunshine's picture

Major Head & Shoulder pattern (bend your knees and grab your toes, longs - then again, The Bernank is comin' to the rescue! - like in 2007, right?):


Then again, I'm not a technicals sort of person, preferring to look at the rapidly deteriorating fundamentals within the global economy, knowing full well that reality always catches up with and beats down Hopium Addicts, no matter how much kick the can the charlatans at the Central Banks play.

Wed, 09/28/2011 - 18:42 | 1720102 New_Meat
New_Meat's picture

Davey: " The Ministry of Truthiness is working on your concept of "discredit" and will be back to you shortly.  Thank you for contacting us and have a great day!"

Wed, 09/28/2011 - 18:19 | 1720003 kengland
kengland's picture

Love this guy. If a smoker tells you that cigarette smoking pollutes your lungs does it make it any less true?

Wed, 09/28/2011 - 20:29 | 1720370 Catch-22
Catch-22's picture


"CNN desperately needs viewers"

 So does ZH!

Hey Tyler.... Slow news night... looking to get a rise out of some... post some CNN vomit... 

Now infuriated, we're going to fill in your blog... for entertainment purposes... for the masses. 

What ever his motivation, he spewed the truth... don't deny us a little oxygen and give them the last word.



Wed, 09/28/2011 - 23:14 | 1720726 Money Squid
Money Squid's picture

are you an air force or fed reserve sock puppet?

Thu, 09/29/2011 - 07:06 | 1721288 Catch-22
Catch-22's picture

I don't like being tricked into watching CNN... I don't watch CNBS either...

To much aggravation !!!


Thu, 09/29/2011 - 08:09 | 1721419 covert
covert's picture

cnn has no competative edge


Wed, 09/28/2011 - 17:39 | 1719877 Ned Zeppelin
Ned Zeppelin's picture

So, he's just "some guy" who happens to be telling the truth?

Wed, 09/28/2011 - 17:42 | 1719890 Perpetual Burn
Perpetual Burn's picture

Yes and people are freaking out over it for some reason.

Wed, 09/28/2011 - 17:57 | 1719941 tekhneek
tekhneek's picture

Because you have people like Bridgett who say things like "Gold isn't backed by anything" and say investors prefer the US dollar because it's backed by the US government.

I couldn't believe this and laughed my ass off til I was red in the face:

Just goes to show you why talking to the average person on the street about gold, silver, the economy and other issues is like nailing Jell-o to a wall. It is unbearably frustrating and after enough attempts you just give up.

Wed, 09/28/2011 - 18:01 | 1719962 TruthInSunshine
TruthInSunshine's picture


Just goes to show you why talking to the average person on the street about gold, silver, the economy and other issues is like nailing Jell-o to a wall. It is unbearably frustrating and after enough attempts you just give up.


Trying to buy a 99¢ taco with 1 ounce gold coin
Wed, 09/28/2011 - 18:09 | 1719988 Row Well Number 41
Row Well Number 41's picture

Throw in a coke and I'll give you a pre-64 dime.



Wed, 09/28/2011 - 19:46 | 1720249 Careless Whisper
Careless Whisper's picture


that clip was hilarious.  that dumb bitch must be really good in bed, what else could it be?


Wed, 09/28/2011 - 18:43 | 1720105 Nobody special
Nobody special's picture

If you tried buying that 99 cent taco from me or any of my kids, you'd be one ounce lighter my friend.  :)

Wed, 09/28/2011 - 20:25 | 1720365 caerus
caerus's picture

you'd be a lot lighter than that if you actually ate the taco...after bout 30 min

Wed, 09/28/2011 - 18:04 | 1719972 SilverRhino
SilverRhino's picture

What the FUCK??? OMFG ... +1 for the best fucking laugh of the WEEK!!!

Wed, 09/28/2011 - 18:06 | 1719982 Strider52
Strider52's picture

OMG, that poor gal! You know she's prolly not a bag of hammers, she's just reading what's on the cards. Somebody should look up her (red) FaceBook page.

Wed, 09/28/2011 - 19:42 | 1720166 Money 4 Nothing
Money 4 Nothing's picture

Well, she mispoke and I would like to remedy her mistake real quick. It was called a rogue margin call by the CME that slammed the hell out of Gold and Silver, clear enough honey? Nobody was purposely selling it off cause it isn't backed by anything?

Wed, 09/28/2011 - 20:12 | 1720330 johnnynaps
johnnynaps's picture

Good news, I had a guy I had never talked Econ with approach me in the gym today and tell me about an Economist who is foretelling the break up of the US. I told him he was speaking my language! He then tells me how he is purchasing physical silver at $30 an once and is preparing for the worst. Some are catching on!

Wed, 09/28/2011 - 23:03 | 1720706 tekhneek
tekhneek's picture

So 1.00000097% have precious metals in their posession now.

Good news indeed.

Wed, 09/28/2011 - 17:58 | 1719950 FEDbuster
FEDbuster's picture

The truth isn't supposed to make it on TV.  Look back at Peter Schiff's testimony on the Obama Jobs Bill.  That video should have been all over Drudge, Hufpost, etc...  Schiff should have made the rounds at FOX, CNN, Bloomberg, etc...  BUT NO, it's buried until "Peter Schiff was right again" shows up on Youtube after the collapse (maybe no Youtube post collapse?).  No need to panic the sheeple on the way to the slaughter house.

This guy sounds like 80% of the posters here at Zerohedge (I wouldn't doubt if he does read and post here). 

Wed, 09/28/2011 - 18:01 | 1719960 tekhneek
tekhneek's picture

You didn't get the memo? He's MillionDollarBonuses_

Wed, 09/28/2011 - 18:04 | 1719975 chunga
chunga's picture

This fella will soon be caught red-handed committing a heinous crime, condemned, and sent to prison.

Wed, 09/28/2011 - 21:26 | 1720532 FEDbuster
FEDbuster's picture

Dead in a hot tub, heart attack.  Or suicide by hanging with hands and feet bound.

Wed, 09/28/2011 - 17:58 | 1719952 navy62802
navy62802's picture

The reason people "freaked out" at what he said is because deep down, they believe the same thing despite being told otherwise by the supposed cultural authority figures. And they were shocked to hear a serious trader to be so brazen as to verbalize their thoughts.

Wed, 09/28/2011 - 18:07 | 1719985 Caviar Emptor
Caviar Emptor's picture

THe timing was perfect. That happens. If he had said the same thing in May he woulda got laughed off the set, or cut, or just disregarded. 

Wed, 09/28/2011 - 18:14 | 1720009 Outlaw Of The W...
Outlaw Of The Wasteland's picture

simmer down.  the najarians just said there's nothing to worry about, and merissa ree concurred.

Wed, 09/28/2011 - 19:58 | 1720278 Executioner
Executioner's picture

Perhaps I missed something, but I didn't saw people freaking out. What I saw (here) was some critical thinkers wondering why this kind of statement was allowed twice on tv, and why a trader is recomending buying BONDS. Why should someone lend give money to THIS goverment?

Wed, 09/28/2011 - 22:09 | 1720591 navy62802
navy62802's picture

Don't get me wrong. I don't agree with his trading strategy. But I believe his prediction of what amounts to economic Armageddon rings true to alot of people based purely on common sense and day-to-day experience (like fuel and grocery prices, health care costs, educations expenses, etc. that have skyrocketed while wages have effectively dropped ... at least in the US). And that's the reason that his first interview has reverberated.

Wed, 09/28/2011 - 20:02 | 1720291 Veekay23
Veekay23's picture


Rastani is the Black Swan


Wed, 09/28/2011 - 18:00 | 1719957 SilverRhino
SilverRhino's picture

TPTB are freaking out because if 1-2% of the smartest of the herd catch on they will pull a shitload of wealth out of the market and effectively precipate the next leg down.   

It's like when you have a supersaturated solution that was bioling hot and has cooled off ... that one solid crystal that lands in that solution causes the rest to precipitate out in nothing flat.

Rastani is that grain of salt / sugar that just got dropped into the solution. 

Wed, 09/28/2011 - 18:51 | 1720127 Dick Fitz
Dick Fitz's picture

Excellent analogy silverhino.

Wed, 09/28/2011 - 19:17 | 1720190 Tidewater
Tidewater's picture

Yes. It's not the content of what Rastani said that's interesting (to me), but the mainstream media's reaction to it. It's yet another tell.

To my mind, he should have been touted up front as a guy who has strong opinions on the markets, but certainly not as a 'trader' or "investment adviser" in the classic sense. That does not make his view any more or less valid but, with that preamble, I don't think it would have gone viral.  -- Jim Boulden, CNN "correspondent"

Hey Jim, if Goobers had been called Choconuts, would they be more popular than Raisinets? And who cares what you think, blowhard?

First, traders trade. For their own accounts, and/or through prop desks, and/or for client accounts, be they individual or institutional. Some manage more money than others; it’s all market-facing and it’s all designed to make sense out of markets for profit. That's why the BBC saw and would see no reason upfront to "downplay" this guy's credentials beyond saying "independent trader," which is already about as low a title as one can have. Slightly above "some guy with a Schwab account." So Jim's comment is already idiotic before he's finished puking it out. But the fact that this guy trains traders then somehow makes him less of a trader? Good one, Jim. Go take a nap.

Second, what media company doesn’t want its product to go viral? Why does the popularity of this trader’s views pose a problem for a CNN lackey? That’s a much more interesting question than what Jim thinks might not have happened if the screenroll had been worded differently.

And of course the answer is that the only set of jerkoffs who don't want their product to go viral is the mainstream media -- when the message slips off-script. (Building 7? We never heard of it! Stay tuned for Eyewitness News!)

So toss my Choconuts, Jimbo. And CNN can go slap it to a Slim Jim.

Wed, 09/28/2011 - 17:42 | 1719891 Mad Max
Mad Max's picture

You know, dat guy.

Wed, 09/28/2011 - 17:41 | 1719882 SILVERGEDDON

CNN - the National Enquirer of television. Too bad for them that they clicked on a real guy.

Wed, 09/28/2011 - 17:46 | 1719883 lynnybee
lynnybee's picture

 wow .... a truth-teller & modest, too; here's a young man who will go far in life . 

Wed, 09/28/2011 - 19:03 | 1720151 Ahmeexnal
Ahmeexnal's picture

He'd better stay away from hotel maids and stray bullets aimed at his head.

Wed, 09/28/2011 - 17:41 | 1719884 RemiG2010
RemiG2010's picture

As if anyone cared what he has to say.

Wed, 09/28/2011 - 23:02 | 1720703 sbenard
sbenard's picture

From the looks of your numbers, the comments on this thread, and over 1,000,000 hits on the video that went viral, WE care! And so do many, many more people!

Thu, 09/29/2011 - 03:28 | 1721032 RemiG2010
RemiG2010's picture


Wed, 09/28/2011 - 17:41 | 1719886 DoChenRollingBearing
DoChenRollingBearing's picture

Um....  An amateur.

Moi?  I will stick with what I (believe I) know, at least well enough for me: gold, guns, cash, stocks, bonds, our bearing co., etc.

Diversification.  Yes, I own stocks and bonds too.  But, if you do NOT own gold, you should!

Wed, 09/28/2011 - 18:12 | 1719999 lynnybee
lynnybee's picture

we are all finding our own 'truth' in this information / internet age.     the truth is what you discover it is for yourself.    this is so different from when i was a child in the 1950's.    we believed in goodness & people in government were looking out for our best interest.      flash forward to present day / the entire system is corrupt & the government needs to be reduced by at least 50% or more, the parasites need to figure out how to feed themselves without stealing from our paychecks.       

it is up to all of us, each of us must now find their own truth & the truth that i've found out just in the past few years on the internet is god damn ugly.   i won't stand for it anymore.    i maybe old, but not that old that i can't revolt; even if it means i'm a one-woman walking protestor all the way to WASHINGTON D.C. on my own two feet.   parasites.


Wed, 09/28/2011 - 18:51 | 1720126 nope-1004
nope-1004's picture


Best comment I've read in a while.


Thu, 09/29/2011 - 00:40 | 1720885 DoChenRollingBearing
DoChenRollingBearing's picture

Yes, lynnybee nails it, as you noted.  Green for both of you.

Wed, 09/28/2011 - 19:11 | 1720174 Ima anal sphincter
Ima anal sphincter's picture

i maybe old, but not that old that i can't revolt  I really enjoy seeing massive anger being expressed. I'm starting to see a whole bunch more. You can multiply yours by 10+ to get to my level. 

The time is near. It will be nasty, but it will be done.

Wed, 09/28/2011 - 20:17 | 1720350 johnnynaps
johnnynaps's picture

Sure, some of us could feed ourselves, but the wonderful government wages war on drugs and prostitution.

Wed, 09/28/2011 - 20:19 | 1720356 AGuy
AGuy's picture

"this is so different from when i was a child in the 1950's. we believed in goodness & people in government were looking out for our best interest."

It wasn't any less corrupt back then. The difference is that there are a lot more corrupt and dishonest people part of the gov't (gov't employees were a smaller precentage of the general population). Also the speed of news and leaks was far more smaller since TV was just beginning and there was no Internet where the public could share in the propagation of news and leaks. Back then the Media did what the gov't it was told. Private lives of gov't officials were blacked out from the public. Then there was a strong anti-communist gov't agenda (McCarthy hearings) US gov't installing puppet gov'ts (Iran, Latin America). The 1950's may have been the high tide of gov't propaganda. Back then The gov't was assasinating foriegners, holding americans and foreigners without a trial or outside contact, and did torture on america soil. (no laws back than covering false imprisionment, torture, assasination, etc) FYI: Miranda v. Arizona was in 1966

The difference is probably because you werea a child back then and children are more trusting than adults.






Wed, 09/28/2011 - 21:35 | 1720549 malek
malek's picture

On finding your own truth:

You are correct, but also keep in mind that own truth has to be coherent and based on sound principles, not like Gonzola brilliantly describes in

And by insisting that “everything is relative”, everyone’s viewpoint becomes equally correct, equally valuable, equally “worthy of being honored”

Wed, 09/28/2011 - 23:00 | 1720697 snowball777
snowball777's picture

Maybe you were just asleep, Lynny...

What sphinx of cement and aluminum bashed open their skulls and ate up their brains and imagi- nation? Moloch! Solitude! Filth! Ugliness! Ashcans and unob tainable dollars! Children screaming under the stairways! Boys sobbing in armies! Old men weeping in the parks! Moloch! Moloch! Nightmare of Moloch! Moloch the loveless! Mental Moloch! Moloch the heavy judger of men! Moloch the incomprehensible prison! Moloch the crossbone soulless jailhouse and Congress of sorrows! Moloch whose buildings are judgment! Moloch the vast stone of war! Moloch the stun- ned governments! Moloch whose mind is pure machinery! Moloch whose blood is running money! Moloch whose fingers are ten armies! Moloch whose breast is a canni- bal dynamo! Moloch whose ear is a smoking tomb! Moloch whose eyes are a thousand blind windows! Moloch whose skyscrapers stand in the long streets like endless Jehovahs! Moloch whose fac- tories dream and croak in the fog! Moloch whose smokestacks and antennae crown the cities! Moloch whose love is endless oil and stone! Moloch whose soul is electricity and banks! Moloch whose poverty is the specter of genius! Moloch whose fate is a cloud of sexless hydrogen! Moloch whose name is the Mind! Moloch in whom I sit lonely! Moloch in whom I dream Angels! Crazy in Moloch! Cocksucker in Moloch! Lacklove and manless in Moloch! Moloch who entered my soul early! Moloch in whom I am a consciousness without a body! Moloch who frightened me out of my natural ecstasy! Moloch whom I abandon! Wake up in Moloch! Light streaming out of the sky! Moloch! Moloch! Robot apartments! invisible suburbs! skeleton treasuries! blind capitals! demonic industries! spectral nations! invincible mad houses! granite cocks! monstrous bombs! They broke their backs lifting Moloch to Heaven! Pave- ments, trees, radios, tons! lifting the city to Heaven which exists and is everywhere about us! Visions! omens! hallucinations! miracles! ecstasies! gone down the American river! Dreams! adorations! illuminations! religions! the whole boatload of sensitive bullshit! Breakthroughs! over the river! flips and crucifixions! gone down the flood! Highs! Epiphanies! De- spairs! Ten years' animal screams and suicides! Minds! New loves! Mad generation! down on the rocks of Time! Real holy laughter in the river! They saw it all! the wild eyes! the holy yells! They bade farewell! They jumped off the roof! to solitude! waving! carrying flowers! Down to the river! into the street!
Thu, 09/29/2011 - 00:51 | 1720902 Oh regional Indian
Oh regional Indian's picture

Wow, who wrote that? Or is that George Carlin?


Thu, 09/29/2011 - 01:33 | 1720940 Phil Free
Phil Free's picture

Mmm.  Allen Ginsberg.  Howl. 

 Good stuff.

I'm with you in Rockland
         where you accuse your doctors of insanity and plot the Hebrew socialist revolution against the fascist national Golgotha
I'm with you in Rockland
         where you will split the heavens of Long Island and resurrect your living human Jesus from the superhuman tomb
I'm with you in Rockland
         where there are twenty-five-thousand mad comrades all together singing the final stanzas of the Internationale
I'm with you in Rockland
         where we hug and kiss the United States under our bedsheets the United States that coughs all night and won't let us sleep
Wed, 09/28/2011 - 22:15 | 1720602 DCFusor
DCFusor's picture

I hope you own some of that stocks and bonds stuff short DoChen.

Thu, 09/29/2011 - 00:45 | 1720891 DoChenRollingBearing
DoChenRollingBearing's picture

Shorting, trading and options never worked for me DCF!  I have the old battle wounds to prove it...

I let my gold and my cash do the hedging to the downside.

Still, this might be a GREAT time to sell some of those Treasuries I got years ago...  GREEN for giving me that idea!  Thanks!  Are you smart or something?   :)

Wed, 09/28/2011 - 17:45 | 1719887 Hugh G Rection
Hugh G Rection's picture

Captain Obvious enlightens more dipshits.

hey banksters, if you want to shut this guy up, may not want to use the Andy Maguire hitter.

Wed, 09/28/2011 - 22:16 | 1720604 DCFusor
DCFusor's picture

They've evidently never heard of the Streisand effect.

Wed, 09/28/2011 - 17:41 | 1719888 Where My Dawg At
Where My Dawg At's picture

Who cares if he's real or not?

Dude is spot on. You'd think the "liberal media" wouldn't try so hard to discredit him since he has essentially railed about the same things they do. Then again, the truth hurts. The idiot posters over at huffpost have tried to tear the guy apart. I wonder how much sugar they take in their kool-aid.

Wed, 09/28/2011 - 18:36 | 1720078 MarkTwain00
MarkTwain00's picture

Exactly I saw them bashing the guy for 'saying' he hopes we have a recession(whatever that means anymore) and because he knows how to make money off of it.  If the idiots of the world want to think the only way to prosper is Dow 5,000 then let them keep thinking that.....the smart investors of the world have always played the cycles and will continue to.  As long as the game is rigged you might as well try to be ahead of the curve.

anyone who thinks it is bad to make money from a falling market deserves to loose their shirt...


Wed, 09/28/2011 - 18:45 | 1720113 Rodent Freikorps
Rodent Freikorps's picture

If you can't refute the message, you attack the messenger.

Politics 101.

That explains all the calls of racism these days, when someone points out The One is a fuckup.

Wed, 09/28/2011 - 22:37 | 1720644 fuu
fuu's picture

Sometimes in order to refute the message you have to kick the messenger into the well.

Wed, 09/28/2011 - 19:03 | 1720150 Dasa Slooofoot
Dasa Slooofoot's picture

The Huff Post comment section is quite possibly the dumbest place on the internet.

Wed, 09/28/2011 - 19:30 | 1720223 Waterfallsparkles
Waterfallsparkles's picture

Cats out of the Bag.  The interview was e-mailed everywhere.  No way to take it back.

Wed, 09/28/2011 - 17:42 | 1719892 Foxinsox
Foxinsox's picture

I'm less than surprised. Not on CNBC though....

Wed, 09/28/2011 - 17:43 | 1719895 SwingForce
SwingForce's picture

Subscribe to Prechter's Elliott Wave if you think he makes sense. Sounds similar.

Wed, 09/28/2011 - 17:44 | 1719901 rambler6421
rambler6421's picture

This is funny. 

Wed, 09/28/2011 - 17:45 | 1719904 Hman
Hman's picture

The truth = Armature

Deception = Pro

Wed, 09/28/2011 - 19:53 | 1719976 pvzh
pvzh's picture

One does not exclude the other. Media / Powers-That-Be can play people "who say the truth" without their knowledge and consent by simply letting them speak when truth further PTB agenda, and then shifting the focus away of the truth teller when it is no longer convenient.

Since he is amateur trader (basically nobody according to official version), why did BBC let him speak unless they wanted him to speak exactly what he said? It could have been slip up if he was a part of establishment and the interview were routine "expert" interview that went haywire, so they "knew" that he will speak the truth and wanted him to do, so (maybe host was not told about the "truth" part in advance so she would be looked naturally flabbergasted).

Sat, 10/01/2011 - 09:17 | 1728624 e-recep
e-recep's picture

This looks like a Rothschild versus Goldman Sachs thing.

Wed, 09/28/2011 - 19:10 | 1720165 Raymond K Hessel
Raymond K Hessel's picture

Dude, I think you misspelled "porn"

Thu, 09/29/2011 - 01:39 | 1720948 Phil Free
Phil Free's picture

And it took me a minute of staring to figure out he meant to say 'amateur'.  Heh.  But I like your catch better.


Wed, 09/28/2011 - 17:45 | 1719905 Ecoman11
Ecoman11's picture

Europe is taking too long to collapse. He's the 'trigger man'

Wed, 09/28/2011 - 17:45 | 1719909 Mae Kadoodie
Mae Kadoodie's picture

He should have worn his pajamas like all other daytraders.  He bought that tie on the street before his interview.

Wed, 09/28/2011 - 18:45 | 1720112 The Deleuzian
The Deleuzian's picture

Dr Pepper thru my nose!!..Have you ever answered the door at 1:00 in the afternoon with your bunny slippers on (I personally have little froggies) and then pretended to have a 'slight case of the sniffles'????? 

Thu, 09/29/2011 - 01:40 | 1720951 Phil Free
Phil Free's picture



Wed, 09/28/2011 - 17:51 | 1719910 mynhair
mynhair's picture

My virus filter bans CNN.  Sorry.

You should see what it does to MSLSD!

Like these 'channels' are worth watching.

Next, it will be 'Prancing With The Stars.'

(Filter luvs John Liebowitz, though.  Too bad he's afraid to use his real name.)


Wed, 09/28/2011 - 17:46 | 1719911 HamyWanger
HamyWanger's picture

Every mass media in the world right now is describing him as an evil, ultracapitalist trader who wants a recession in order to make money shorting. 

As usual, the original message (coming from Zerohedge, i.e. that he was warning of a recession) has been twisted and retwisted by the "Media Machine". 

The PigMen are real masters in character assassination. 


Wed, 09/28/2011 - 17:46 | 1719912 slackrabbit
slackrabbit's picture

It looks like the smear campaign has begun.

No wonder every 'professional' lies.

It is tragically ironic.

Wed, 09/28/2011 - 17:48 | 1719917 mynhair
mynhair's picture

Is LIESman a professional, or just a defunct English teacher?

Wed, 09/28/2011 - 18:29 | 1720049 kahunabear
kahunabear's picture

LIESman is also a total socialist and uber keynesian, and yeah, just a journalist, but he sure lets his feeling be known as the mouthpiece of the fed to the prols.

Wed, 09/28/2011 - 20:30 | 1720380 scatterbrains
scatterbrains's picture

plant evil traders on the teevee and thus make it easier to push for evil trader taxes when this bitch crashes and burns.

Wed, 09/28/2011 - 17:46 | 1719913 The Alarmist
The Alarmist's picture

Where is Howard Beal or Nathan Jessup when you need them?

Wed, 09/28/2011 - 17:52 | 1719928 alien-IQ
alien-IQ's picture

It's tragically funny that there has been so much effort to discredit this guy for saying something true but having no money. Must one have a 9 digit bank account to be deemed capable of knowing something?

Meanwhile, how many banking and hedge fund kingpins go on TV and completely bullshit you, yet they are hailed as "experts" and their words treated as gospel by virtue of their financial status.

Just remember, Paris Hilton and Floyd Mayweather are both rich...but it does not make them any less idiotic.

We live in a society that equates wealth to intelligence. That is a recipe for disaster.

Wed, 09/28/2011 - 18:10 | 1719997 nasa
nasa's picture

+1 Booyah. 

Wed, 09/28/2011 - 18:41 | 1720099 nyse
nyse's picture

Not sure where you've been, bro, but your value as a human being is denoted by your net worth and nothing else.

Wed, 09/28/2011 - 20:31 | 1720388 johnnynaps
johnnynaps's picture

Only to someone that cares so much what the Joneses and Fascist Corporate America thinks would rate another human's value by their balance sheet!

Wed, 09/28/2011 - 22:08 | 1720589 s2man
s2man's picture

Um, I think NYSE was being sarcastic.

Thu, 09/29/2011 - 09:33 | 1721703 Ura Bonehead
Ura Bonehead's picture

We live in a society that equates wealth to intelligence.

We did at one time.  But now we seem to live in a society that automatically equates wealth with Deviltry, where intelligence is equated to crafting policy around crap like how much Warren Buffet's secretary pays in taxes, branding some wack job, Chicken Little "trader" who waves the 'Goldman is in charge' banner a Saint, where all an unemployed blogger has to do to draw attention is scream "gold!"....

I don't know?  Wealth = intelligence doesn't seem so bad.

Wed, 09/28/2011 - 17:52 | 1719930 DaveyJones
DaveyJones's picture

think of the middle class as the bottom of this slinky. It takes time for the information to travel down and for those at the bottom to understand the tensions that are pulling everything to the ground.....

Wed, 09/28/2011 - 17:52 | 1719933 Ellesmere
Ellesmere's picture

Pityfull attempt to "spin" the story .....

Good on him for going

Wed, 09/28/2011 - 17:53 | 1719934 XRAYD
XRAYD's picture

CNN and got him because Ben Benrnank was busy ... in the printing room!

Wed, 09/28/2011 - 17:55 | 1719944 Alea Iactaest
Alea Iactaest's picture

"whose clip Zero Hedge first presented to the broader world"


Sorry, Tyler, this clip was referenced in the comments section of a thread at least 2 hours before it became a headline on ZH. Not hatin' just sayin'...

Wed, 09/28/2011 - 17:59 | 1719955 Motley Fool
Motley Fool's picture

Sure. it was shared here. Then to the 'broader world' by ZH. :P

Wed, 09/28/2011 - 19:39 | 1720241 slewie the pi-rat
slewie the pi-rat's picture

what the hell, why not?

"it was referenced in a thread..." with no fuking link!?!

why tf is somebody trying to jack up tyler with this?

i thought tyler put the t.v. interview video on the internet. via zH, and it sounds like he's pleased with how that's been working out...

...sounds ok to me

Wed, 09/28/2011 - 18:00 | 1719959 topcallingtroll
topcallingtroll's picture


So what?

Wed, 09/28/2011 - 18:08 | 1719987 mynhair
mynhair's picture

What!  Pay attention!

Wed, 09/28/2011 - 18:25 | 1720037 JW n FL
JW n FL's picture



Alea Iactaest

"whose clip Zero Hedge first presented to the broader world"

Sorry, Tyler, this clip was referenced in the comments section of a thread at least 2 hours before it became a headline on ZH. Not hatin' just sayin'...

I never get a shout out from Tyler.. but I dont post info becuase I have a little dick that I am trying to make up for.. I post information so that people will be helped by it.. it is not an act that is about me.. it is something I do for others.. maybe you should look into those penis enlargement pills instead of shout outs from Tyler?

Just sayin...

Wed, 09/28/2011 - 18:34 | 1720070 CitizenPete
CitizenPete's picture

Do those pills really work?

jus asking...




Wed, 09/28/2011 - 18:42 | 1720100 Alea Iactaest
Alea Iactaest's picture

Whoa. Wasn't me who posted. I'm trying to show some love for the ZH'er who posted first. No way I'm well connected enough, smart enough, or even fast enough to have been first with it. But how did you know about my penis?

Wed, 09/28/2011 - 17:56 | 1719946 topcallingtroll
topcallingtroll's picture

There is a point in time when people become aware that others share similar opinions.

It is at those times when change occurrs at lightning speed.

Wed, 09/28/2011 - 17:57 | 1719947 PY-129-20
PY-129-20's picture

He is definitely enjoying his 15 minutes fame. I found the UNICREDIT guy much more interesting.

My OT-El-Hierro-Part:

Latest accumulated energy chart of El Hierro (huge for such a small island):

Government (military) is preparing for mass evacuation. The EQs are still too deep, but the magma is definitely rising. Possibility of a landslide+megatsunami+eastcoast destruction+endoftheworld scenario? Ehm, unlikely. Landslides seem to be possible, but I find it unlikely to see a Megatsunami. Just in case it happens - prepare your favourite surfboard. Nah, I don't hope that such an scenario occurs.

I wouldn't be too much worried about. I read that some people on the East coast are already preparing for an abrupt evacuation. Sure, it happened in the past, but such events are very, very, very seldom. Although I am still thinking that a certain Nobel prize, phd economist in NY is praying that it happens again. :)

Wed, 09/28/2011 - 18:55 | 1720131 Dapper Dan
Dapper Dan's picture

Thanks for the heads up PY

Canary Islands after earthquake triggers volacano fears

  • From: AFP
  • September 29, 20115:00AM

The Spanish National Geographic Institute has recorded 8,000 tremors since July 19, most of them too small to be felt, but they have been growing in intensity. One recorded overnight on Wednesday reached 3.4 magnitude.

"We have not seen this kind of movement with such frequency on El Hierro since records began" more than a century ago, said a spokeswoman for the Canary Islands government, Ana Vidal.

The last volcanic eruption on the Canary Islands was on nearby La Palma in 1971, she said


Wed, 09/28/2011 - 19:16 | 1720187 NaN
NaN's picture

The chart states Total Energy Accumulated 3.1e11 J  or 1/3 of the way toward a trillion Joules.

That's a pretty serious energy level, but a quick check shows that Mt. St. Helens released 10^17 Joules.  If it keeps tripling every day, it will reach the big-time and need a log scale within a week.


Wed, 09/28/2011 - 20:10 | 1720326 PY-129-20
PY-129-20's picture

Seriously, if we get to the Mt. St. Helens level, I'll take my 'unlikely' back. I must admit that would scare me.

Just a short update: a 3.5 eq and another jump in the chart (in case you just read this).

Thu, 09/29/2011 - 03:38 | 1721039 UP Forester
UP Forester's picture

HOLY SHEEP SHIT, FLIETERMAUSMANN!  20 2.5+ earthquakes in 12 hours, 8 of them 3+ with 3.9 being the largest....

Sumpin' tells me that white whales about to blow, since the Herald Sun said they've evacuated 53 people due to rocks falling from the sky.

OTOH, local "authorities" say move along, nothing to see here....


Wed, 09/28/2011 - 18:00 | 1719953 Texas Ginslinger
Texas Ginslinger's picture

Yesterday Forbes characterized traders like him as psychopaths.

Love it..!!  I read that and see fear and envy from a corporate desk jokey writer who probably blew their $$ wad the first month they jumped into the trading game on their own.

New Study, Old News: Stock Traders Are Psychopaths - Forbes



Wed, 09/28/2011 - 18:04 | 1719977 Piranhanoia
Piranhanoia's picture

He's textbook Tex. He is either playing a character, or he leans seriously to psychopath. 

Wed, 09/28/2011 - 18:02 | 1719968 Andrew Jackson ...
Andrew Jackson epitaph's picture

Nice sh*t in the fan. +1 Alessio !

Wed, 09/28/2011 - 18:03 | 1719970 Piranhanoia
Piranhanoia's picture

Vell,  he's just this guy you know?    Thank you Mr.,  excuse me Dr. Halfrunt but we have breaking news of somethingorother coming in.

Wed, 09/28/2011 - 18:04 | 1719973 Michael Victory
Michael Victory's picture

this dude.

Wed, 09/28/2011 - 18:04 | 1719974 jomama
jomama's picture

he's about to overtake rebecca black's friday!  hmm nvm. maybe with 6x more interest.

if that isn't a statement on society, i don't know what is.

Wed, 09/28/2011 - 18:05 | 1719980 Trimmed Hedge
Trimmed Hedge's picture

This guy is about 3.5 years late to the party....

Do NOT follow this link or you will be banned from the site!